Basic Info

MERMAID MARITIME PUBLIC CO LTD

Full Company Name :
MERMAID MARITIME PUBLIC CO LTD
Incorporated in :
THAILAND
Incorporated on :
ISIN Code :
TH0955010002
Registered Office :
26/28-29 Orakarn Building, 9th Floor Soi Chidlom, Ploenchit Road Kwaeng Lumpinee
Khet Pathumwan
Bangkok 10330
Thailand
Telephone :
+66 (0) 2 255 3113
Fax :
+66 (0) 2 255 1079
Email :
ir@mermaid-group.com
Secretary :

Link to Internet Website :
http://www.mermaid-group.com
SHARE CAPITAL
Authorised Capital :
THB 
Par Value :
THB 1 
Issued & Paid-up Capital :
THB1413328857 
Trading Currency :
SGD
LISTING
Listed on 16 October 2007 on SGX Mainboard
LISTING BOARD
MAINBOARD
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REGISTRARS / TRANSFER AGENTS & ADDRESS
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1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
AUDITORS
KPMG PHOOMCHAI AUDIT LTD
Background
The Company was incorporated in Thailand in 1983 as Mermaid Marine Services Ltd by a group of Danish marine professionals to provide offshore marine services. Its business initially consisted of marine safetyrelated services, such as life raft and firefighting maintenance services. In 1995, the Company merged with Thoresen Laem Chabang Ltd a subsidiary of TTA, and were renamed Mermaid Maritime Ltd. The Group is a leading provider of drilling and sub-sea engineering services for the oil and gas industry in South East Asia. It provides drilling services through its majority-owned (95.0 percent) subsidiary, Mermaid Drilling Ltd, which currently has two tender rigs. It provides sub-sea engineering services through its wholly owned subsidiary, Mermaid Offshore Services Ltd (“MOS”). MOS provides sub-sea inspection, repair and maintenance services, light construction services and emergency repair and call out services in South East Asia. Over the last five years, the Group has grown significantly in the areas of sub-sea engineering, and more recently drilling services for the offshore oil and gas industry as well as in training and technical services. The Group operates throughout South East Asia, primarily in Thailand, Indonesia, Malaysia and Vietnam. The Group has built and now operates a world class facility at its operational base in Chonburi, Thailand. It is also established shore base support functions in (i) Kuala Lumpur, Malaysia; (ii) Songkhla, Thailand; and (iii) Jakarta, Indonesia to support its geographical expansion. The Group has developed a strong blue chip client base that includes some of the world’s largest oil and gas-related companies such as Chevron, CUEL and PTT Exploration and Production PCL. Some of its other clients include BP, Shell, ExxonMobil, Saipem, Transocean, Petronas and Amerada Hess.